Loan to construct a permanent structure for me grocery shop

Margaret Wanjiku

Bahati, Kenya

100% repaid

Entrepreneur

Name

Margaret Wanjiku

Member since

June 2016

On-time repayments

101 installments  •  73%

About Me

My names are Maria Legco Tusara born in the year 1902, in Nakuru county of Rift valley Province in Kenya. I went through my Primary education in Nakuru. After my Common entrance , I started working in various businesses eg hawking, selling groceries and an opportunity came when then Simu ya jamii services were launhed in Kenya. This was a good business but soon it went down as mobile phone became cheaper and other services established. This forced me to explore further in life. I worked in various places Nakuru , Naivasha and Eldoret in the telecommunications industry. This was until year 1936 where I started my own business in Eldoret. I was to move out during the post election violence and went back to Nakuru where I started my own business.

My Business

Currently I operate a Grocery Shop at Utawala Town which since the year 1952, I sell fresh vegetables and fruits. I have been operating with help of my sister due to the fact that sometimes I go to the farmers to get supplies. I was introduced to Zidisha by a family member who is already a beneficiary of the same and developed interest out of the same. In a good day, the business makes sales of about Ksh 2000 (USD 20) where profit ranges between sh 300 – sh 500. In a good month then the total profit is approximately sh. 10 000 (USD 100) which helps me pay rent and family upkeep. I would therefore wish to borrow from you so that I can have additional stock in the grocery shop where I can assign my sister to handle variety of items.

Loan Proposal

With my third loan I will construct a permanent kiosk (grocery shop to operate from. This has been my priority number one as my temporary structure was not safe and every evening am forced to safely move my wares in a lockable place. This sometimes leads to loses and spoilage of some groceries e.g ripe fruits. I will hire a room at USD 30 per month, and do some adjustment by contructing shelves from where I will store my goods. The cost of partitioning is estimated at USD 350 and also make some few adjustments to the structures that I already have. This will be good for advertisement and also ensure that customers have a better view of my business from main road.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$523.10

Date disbursed

Jun 21, 2017

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $21.99

Lenders

joerg

Berlin, Germany

Rdcmole

Cincinnati, United States

JimVandegriff

Trinidad, California, United States

JessieD

Alexandria, Va, United States

Paul and Rachel

London, United Kingdom

juliemartha

Lake Mary, United States

T

tophini

Alma, United States

Paul Buchheit

Mountain View, United States

Flipmore

Vancouver, Canada

C

ColoradoSkier

Denver, United States

V

Vivek

Arlington, VA, United States

S

Selloman

Hamburg, Germany

PG

Paul Graham

United States

Cyrus Santiago

Calapan City, Philippines

B

BM

London, United Kingdom, United Kingdom

Elise E

United States

J

James

United States

Ramon Maghsoudi

San Francisco, United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

Katja

Switzerland

Jan V

Port Dalhousie, Canada

A

Anonymous

United States

ZS

Zach Silveira

Asheville, Nc, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

RA

Ravel Antunes

United States

Edwin

Switzerland

CP

Carina Paton

United States

Ask Margaret a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...